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SADB

Sadbhav Engineering NSEI:SADBHAV Stock Report

Last Price

₹13.65

Market Cap

₹2.3b

7D

0.4%

1Y

-71.5%

Updated

05 Oct, 2022

Data

Company Financials
SADBHAV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

SADBHAV Stock Overview

Sadbhav Engineering Limited engages in engineering, construction, and infrastructure development projects in India.

Sadbhav Engineering Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sadbhav Engineering
Historical stock prices
Current Share Price₹13.65
52 Week High₹56.50
52 Week Low₹12.80
Beta1.84
1 Month Change-8.70%
3 Month Change-13.61%
1 Year Change-71.47%
3 Year Change-89.42%
5 Year Change-95.10%
Change since IPO-57.43%

Recent News & Updates

Shareholder Returns

SADBHAVIN ConstructionIN Market
7D0.4%2.4%2.0%
1Y-71.5%-0.4%-0.7%

Return vs Industry: SADBHAV underperformed the Indian Construction industry which returned -1.5% over the past year.

Return vs Market: SADBHAV underperformed the Indian Market which returned -1.7% over the past year.

Price Volatility

Is SADBHAV's price volatile compared to industry and market?
SADBHAV volatility
SADBHAV Average Weekly Movement4.7%
Construction Industry Average Movement6.0%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: SADBHAV is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SADBHAV's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19881,238Vasistha Patelhttps://www.sadbhaveng.com

Sadbhav Engineering Limited engages in engineering, construction, and infrastructure development projects in India. It undertakes infrastructure projects in the areas of canals, irrigation projects, roads, bridges, and dams that include civil, electrical and mechanical contractor, designer and engineers, structural contractor, and earthwork contractor for repairing, reconstruction, renovation, demolition, and construction. The company also undertakes roads and highway development projects on BOT, DBFOMT, or DBFOT basis, as well as provides engineering, procurement, and construction services for transportation, irrigation, and mining sectors.

Sadbhav Engineering Fundamentals Summary

How do Sadbhav Engineering's earnings and revenue compare to its market cap?
SADBHAV fundamental statistics
Market Cap₹2.34b
Earnings (TTM)-₹7.86b
Revenue (TTM)₹20.10b

0.1x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SADBHAV income statement (TTM)
Revenue₹20.10b
Cost of Revenue₹13.57b
Gross Profit₹6.54b
Other Expenses₹14.40b
Earnings-₹7.86b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-45.84
Gross Margin32.52%
Net Profit Margin-39.12%
Debt/Equity Ratio542.5%

How did SADBHAV perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SADBHAV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SADBHAV?

Other financial metrics that can be useful for relative valuation.

SADBHAV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3x
Enterprise Value/EBITDA-16.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SADBHAV's PS Ratio compare to its peers?

SADBHAV PS Ratio vs Peers
The above table shows the PS ratio for SADBHAV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.1x
532907 IL&FS Engineering and Construction
0.8xn/a₹2.2b
530377 Nila Infrastructures
3.1xn/a₹2.6b
533292 A2Z Infra Engineering
0.5xn/a₹1.8b
500402 SPML Infra
0.2xn/a₹1.4b
SADBHAV Sadbhav Engineering
0.1xn/a₹2.3b

Price-To-Sales vs Peers: SADBHAV is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (1.1x).


Price to Earnings Ratio vs Industry

How does SADBHAV's PE Ratio compare vs other companies in the IN Construction Industry?

Price-To-Sales vs Industry: SADBHAV is good value based on its Price-To-Sales Ratio (0.1x) compared to the Indian Construction industry average (1x)


Price to Sales Ratio vs Fair Ratio

What is SADBHAV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SADBHAV PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SADBHAV's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SADBHAV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SADBHAV's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SADBHAV's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Sadbhav Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.1%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sadbhav Engineering has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of SADBHAV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Sadbhav Engineering competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Sadbhav Engineering performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-45.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SADBHAV is currently unprofitable.

Growing Profit Margin: SADBHAV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SADBHAV is unprofitable, and losses have increased over the past 5 years at a rate of 45.7% per year.

Accelerating Growth: Unable to compare SADBHAV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SADBHAV is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (25.3%).


Return on Equity

High ROE: SADBHAV has a negative Return on Equity (-76.86%), as it is currently unprofitable.


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Financial Health

How is Sadbhav Engineering's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SADBHAV's short term assets (₹66.2B) do not cover its short term liabilities (₹67.1B).

Long Term Liabilities: SADBHAV's short term assets (₹66.2B) exceed its long term liabilities (₹31.1B).


Debt to Equity History and Analysis

Debt Level: SADBHAV's net debt to equity ratio (522.5%) is considered high.

Reducing Debt: SADBHAV's debt to equity ratio has reduced from 822.7% to 542.5% over the past 5 years.

Debt Coverage: SADBHAV's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if SADBHAV's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Sadbhav Engineering current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Sadbhav Engineering Dividend Yield vs Market
How does Sadbhav Engineering dividend yield compare to the market?
SegmentDividend Yield
Company (Sadbhav Engineering)0%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Construction)1.2%
Analyst forecast in 3 Years (Sadbhav Engineering)n/a

Notable Dividend: Unable to evaluate SADBHAV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SADBHAV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SADBHAV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SADBHAV's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: SADBHAV is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SADBHAV has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

8.3yrs

Average management tenure


CEO

Vasistha Patel (49 yo)

no data

Tenure

₹600,000

Compensation

Mr. Vasistha C. Patel serves as Chief Executive Officer at Sadbhav Engineering Ltd., since April 25, 2020 and also serves as its Director. Mr. Patel serves as Managing Director of Sadbhav Infrastructure Pr...


CEO Compensation Analysis

Vasistha Patel's Compensation vs Sadbhav Engineering Earnings
How has Vasistha Patel's remuneration changed compared to Sadbhav Engineering's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-₹8b

Mar 31 2022n/an/a

-₹7b

Dec 31 2021n/an/a

-₹1b

Sep 30 2021n/an/a

-₹2b

Jun 30 2021n/an/a

-₹2b

Mar 31 2021₹600k₹600k

-₹2b

Dec 31 2020n/an/a

₹7b

Sep 30 2020n/an/a

₹7b

Jun 30 2020n/an/a

₹7b

Mar 31 2020₹9m₹9m

₹8b

Dec 31 2019n/an/a

-₹1b

Sep 30 2019n/an/a

-₹139m

Jun 30 2019n/an/a

-₹55m

Mar 31 2019₹9m₹9m

₹211m

Mar 31 2018₹3m₹3m

-₹31m

Mar 31 2017₹3m₹3m

-₹540m

Mar 31 2016₹3m₹3m

-₹1b

Compensation vs Market: Insufficient data to establish whether Vasistha's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Vasistha's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SADBHAV's management team is seasoned and experienced (8.3 years average tenure).


Board Members

Experienced Board: SADBHAV's board of directors are seasoned and experienced ( 16.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

NSEI:SADBHAV Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
16 Jun 22Buy₹9,996,824Shantaben PatelIndividual650,000₹15.38
31 Mar 22Buy₹14,724,929Shantaben PatelIndividual553,214₹26.62

Ownership Breakdown

What is the ownership structure of SADBHAV?
Owner TypeNumber of SharesOwnership Percentage
State or Government5,8600.003%
Private Companies23,907,11213.9%
Institutions34,104,16519.9%
Individual Insiders54,837,67332.0%
General Public58,715,99034.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 20 shareholders own 61.35% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
25%
Shantaben Patel
42,888,091₹585.4m-7.31%no data
8.91%
Sadbhav Finstock Pvt Ltd
15,295,275₹208.8m-7.56%no data
8.8%
HDFC Asset Management Company Limited
15,096,981₹206.1m-4.79%0.01%
3.94%
Blue Diamond Properties Pvt Ltd
6,756,837₹92.2m0%no data
1.87%
Kuwait Investment Authority
3,216,071₹43.9m0%no data
1.67%
Vikramkumar Patel
2,859,749₹39.0m-1.69%no data
1.65%
Shashin Patel
2,826,366₹38.6m0%no data
1.46%
Think Investments LP
2,503,534₹34.2m0%0.1%
1.36%
ICICI Prudential Asset Management Company Limited
2,327,205₹31.8m0%no data
1.3%
Nippon Life India Asset Management Limited
2,222,637₹30.3m0%no data
1.29%
Rajni Jain
2,205,124₹30.1m0%no data
1.09%
Vasistha Patel
1,869,535₹25.5m-42.04%no data
1.08%
Geecee Investments Limited
1,855,000₹25.3m0%no data
1.01%
Sohil Chand
1,731,207₹23.6m0%no data
0.67%
Aditya Birla Sun Life AMC Limited
1,145,135₹15.6m0%no data
0.26%
Rekhaben Vasisthakumar
437,500₹6.0m0%no data
0.0058%
Atul Ruparel
10,000₹136.5k0%no data
0.0058%
Sandip Patel
10,000₹136.5k0%no data
0.0034%
Investor Education and Protection Fund (IEPF)
5,860₹80.0k0%no data
0.00006%
Nitinkumar Patel
101₹1.4k0%no data

Company Information

Sadbhav Engineering Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sadbhav Engineering Limited
  • Ticker: SADBHAV
  • Exchange: NSEI
  • Founded: 1988
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: ₹2.342b
  • Shares outstanding: 171.57m
  • Website: https://www.sadbhaveng.com

Number of Employees


Location

  • Sadbhav Engineering Limited
  • Sadbhav
  • Near Havmor Restaurant
  • Ahmedabad
  • Gujarat
  • 380009
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532710BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2006
SADBHAVNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2006

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/10/04 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.